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As Naira Swap Crisis Recedes, Bandits Scale – up Activities, Kill 183, Kidnap 97 Nationwide-Investigation

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By Orkula Shaagee, Nicolas Dekera, Dan Amasingha and Alfred Babs

At least 183 people have been killed and 97 abducted by bandits and kidnappers in the last 41 days since the crisis over the Naira redesigned ended on March 13, 2023.

The apex bank (CBN), had on October 26, 2022 announced the redesign on the old N200, N500 and N1000 banknotes, the result of which was a prolonged crisis  characterised by  shortage of Naira notes in circulation.

DAILY ASSET investigation revealed that within the period of the Naira redesign crisis, bandits and kidnappers went on leave, bringing reprieve to the public, as no individual was kidnapped or killed by the marauders.

Investigations across some states of the Federation revealed however, that as soon as the CBN reintroduced the old naira notes into circulation and shored up currency availability in the country, the kidnappers resumed their activities.  

     NIGER

Bandits Kill 11, Suffer Losses in Niger

On March 18, five the Naria redesign crisis ended, bandits launched attack on some communities in Niger State, killing 11 people, including a Major in the Nigerian Army and three other soldiers.

Also, six local vigilante members in the affected communities were killed by the bandits.

The blood-letting gunmen had killed the deceased within two days and also abducted no fewer than 60 villagers during the invasion.

The latest onslaught occurred in an ambush, during which the Major and four members of the local vigilante were killed at Igu village on the Sarkin Pawa-Kaduna Road, in Munya Local Government Area of Niger State, Wednesday evening.

The vigilante members were part of the joint security operatives patrolling the area.

The soldiers, it was gathered, had successfully repelled the gunmen during a fierce gun battle in the same area, on Tuesday.

It was gathered that the soldiers and the vigilante members were on their way to recover the corpses of the slain vigilante members when the bandits, who were in the forest rained bullets on them.

The bandits were said to be in the forest to bury some of their fighters killed during a fierce battle with Military on Tuesday and were trying to find an escape route with their injured members.

The casualties would have been more if not for the gallantry exhibited by the security operatives in neutralizing the gunmen.

The gunmen were said to be no fewer than 70, hence it was easy for them to overpower the few security men who were merely going to evacuate the dead bodies of their colleagues.

Recall that on Tuesday evening, bandits believed to be the same group had invaded Paikoro and Munya Local Government Areas of Niger State, during which a Village Head and a medical practitioner were killed and over 60 people mostly women and children abducted.

The communities invaded are Beni in Munya LGA and Adunu in Paikoro LGA of the state.

At Beni, the gunmen killed the Village Head, Alhaji Salihu Ahmed, who was said to be on his way from the farm and abducted about 20 people, mostly women and children.

Also at Adunu community, a medical practitioner, Joshua Bitrus was killed as he was attempting to escape from the “war zone” into the bush on hearing gunshots.

A retired police officer, Moses Tanko, including over 40 others were abducted from the community.

Those who were lucky to have cash of between N10,000 to 20,000 to pay as ransom to the bandits were released while others were whisked away.

The whereabouts of over 60 abducted were yet to be located as there is no link yet with the bandits.

 Barely 24 hours after gunmen killed a major and four soldiers in an ambush attacks in Igu village, Munya Local Government Area (LGA) of Niger State, the Nigerian Air Force, on March 18 carried out a major offensive against bandits, killing “scores” of them in multiple airstrikes on their hideout.

The airstrikes were carried out on the bandits’ hideout in Camace in Kazai Ward, Tsohon Kabula village, all in Munya LGA of the state on Friday afternoon when the bandits were said to be regrouping after the killing of the major and other four soldiers.

Also killed during the ambush by the bandits were four local vigilantes while several others including some soldiers were injured and are said to be receiving treatment at a government health facility in Minna, the state capital.

A source close to Kamace village told our correspondent on the phone that about 20 out of those kidnapped from Adunu and Beni communities earlier escaped to freedom during the military onslaught on the bandits.

Although according to our source, the number of the bandits killed in the airstrikes could not be ascertained as they were bombed in two different locations, he said out of the 35 motorcycles of the bandits sighted in the bush and carrying three people each, only seven escaped.

He said the first group of the bandits that were hit by the airstrike were trying to take cover at Kamace Primary School before they were struck, leaving over 30 of them and their motorcycles destroyed.

He disclosed further that the second group that were killed by the airstrike had actually come to evacuate the bodies of their colleague, unknown to them that the fighter jet had not left the vicinity when an unspecified number of them were neutralised.

Our source further added that following the heavy causalities suffered from the bombardment, the bandits are now in disarray, scrambling for safety, adding that “some of them were running towards pole wires, Kudami in Kafin Koro, Paikoro local government area and Rijana forest in Kaduna State”.

When contacted, the state Commissioner for Internal Security and Humanitarian Affairs, Mr. Emmanuel Umar, confirmed the air raid but declined to comment further.

                  KADUNA: Bandits Kill 22 in Renewed  Terror Attack

From Nicolas Dekera (Kaduna), Alfred Babs (Ilorin),

No fewer than 22 persons so far have been killed in Kaduna as bandits renew hostility in Kaduna.

Bandits killed six vigilante members on the 30th of March at Awaro checkpoint in the western part of Birnin-Gwari, Birnin-Gwari Local Government Area of Kaduna State.

It was gathered that the incident took place at about 4.00pm on Wednesday.

On the 13th of March 2023 16 were killed in U/Wakili Zango Kataf.

In another  instance, at least eight members of the Atak’Njei community in Zangon Kataf Local Area of Kaduna State were killed by suspected bandits on April 13. The Kaduna State Commissioner for Internal Security and Home Affairs, Samuel Aruwan confirmed the development, in a statement to newsmen.

Also, no fewer than 29 people were killed in attack by bandits on Runji Village in Zangon Kataf Local Government Area of Kaduna State.

The attack which occurred at about 10 pm on Saturday night, April 15, came barely three days after bandits killed eight people at the Atak’Njei community also in Zangon Kataf Local Government Area.

The Kaduna State Commissioner for Internal Security and Home Affairs, Samuel Aruwan who confirmed the latest incident in a statement, said that several houses in the community were burnt down while some residents were injured by the attackers.

Kaduna State Governor Nasir e-Rufai has condemned the killings, describing them as unacceptable and unjustifiable.

              KWARA: Kidnappers Abduct Three 

Gunmen, in two separate instances have abducted three persons in Asa Local Government Area of Kwara State.

It was gathered that the incident happened around Aboto and Ajelanwa road between 2:00 – 6:00pm on Sunday, March 24, 2023.

Our Correspondent gathered that the first incident occurred when one Abdulfatai, a dealer in Aluminum scrap of Alagogo compound, was returning from the farm with his three children inside a vehicle when they were waylaid.

“Abdulfatai escaped leaving the three children in the vehicle. The kidnappers freed the two younger siblings after they said they could find their way back home and abducted Abdulbasit who is about 5yrs old.

“The second incident occurred around 6: pm when one Saheed popularly known as Bakayoko was conveying Ramat who is an apprentice at a chemist store and her colleague (both teenagers of about 18 years) on a motorcycle when they were accosted.

“But Bakayoko pretended that he wanted to get his shoes that fell off and escaped leaving the girls who were in their apprentice uniforms,” a source in the community said.

It was reliably gathered that the kidnappers have reached out to Abdultafai demanding for a N10m ransom to free his child.

The Police Public Relations Officer (PRO) of the Kwara State command, Ajayi Okasanmi confirmed the incident in a telephone chat adding that one of the suspects has been arrested.

“Yes, it’s true and we have arrested one of the kidnappers. But the investigation is still ongoing,” he said.

               TARABA: 15 Killed as Bandits Sack Taraba Village

Gunmen numbering about 60 invaded Garin Baka village in Ardo-Kola Local Government Area of Taraba State on March 31, killing at least 15 people.

It was gathered that the gunmen came into the village from at about 7.30pm on Friday and fire gunshots into different directions.

It was also gathered that they set houses on fire, rustled cows and looted shops and warehouses.

A resident, Yakubu Garba, said when the attackers came, many of the villagers were praying inside a mosque.

He stated further that the prayer was halted and there was pandemonium in the village as residents ran for dear life.

Garba said some of the residents escaped into a nearby forest, but two of his family members were among those killed during the attack.

He said the number of the deceased could be “more than 15” because many people escaped into the forest with gun wounds.

He said so far, more than 10 bodies had been recovered while several people, including women and children, were missing.

Garba added that soldiers and policemen were drafted to the community.

The spokesperson for the Taraba State Police Command, SP Usman Abdullahi, confirmed the attack but could not give the actual figure of those killed.

According to him, the official report of the incident was being awaited from Sunkani Police Division.

               FCT: Gunmen Kill Abuja Cattle Dealer, Abduct Daughter

Gunmen in the early hours of Saturday, April 18 killed a cattle dealer, Isiaka Dogara, and abducted his 14-year-old daughter, Fatima, during an attack on their residence in Chitumu, Gwagwalada area council of the Federal Capital Territory.

The secretary to the community village head, Muhammad Liman, said about 15 armed men struck a few minutes past 12am, as they went straight to the house of the cattle dealer.

“They came in some minutes past 12am and went into the cattle dealer’s compound. They swiftly abducted him alongside one of his daughters, Fatima, who’s about 14-year-old. Unfortunately, they killed Dogara, while his wives raised the alarm.

“Three other residents who attempted to intervene were injured, and one Adamu Musa was shot in the abdomen, and was referred to the Abuja University Teaching Hospital in Gwagwalada.”

The FCT Police Command could not confirm the incident as phone calls and text messages to the Police Public Relations Officer, Josephine Adeh, were not replied to as of press time.

          BENUE: Gunmen Kill 93 in IDPs Camp, Community

Several persons killed in a deadly attack launched on the Umogidi community of Entekpa Adoka district in Otukpo Local Government Area of Benue State by suspected killer herdsmen.

It was gathered learnt that the ugly incident which occurred on Wednesday, April 4, led to the death of 46 persons, including a son of the Otukpo Local Government Chairman, Hon. Bako Eje.

Lt Col. Paul Hemba (retd.), Special Adviser to Governor Samuel Ortom on Security confirmed the development to newsmen.

He said, though the 46 corpses have been recovered, casualty figures may likely rise due to life-threatening injuries sustained by scores of residents during the attack.

“I can confirm to you that there was an attack in Umogidi and as of this morning, the casualty figure, from those who were seen physically from what I was told, was 46. But the figure may be higher because some people are still reported missing,” he said.

Similarly, no fewer than 43 Internally Displaced Persons (IDPs) were killed in a late-night attack on LGEA Primary School, Mgban, Nyiev Council Ward, Guma Local Government Area of Benue state by suspected armed herdsmen.

Though details of the incident indicated that the primary school, which houses IDPs, was attacked at about 10p.m. on Good Friday, April 7 by the marauders.

The source hinted that among the 43 corpses so far recovered from the scene of the attack were those of pregnant women and children, while scores sustained severe injuries and many were still missing.

The attack came a few days after a similar attack in Umogidi village, Enetekpa Adoka district of Otukpo LGA claimed 52 lives.

            ZAMFARA: Bandits Kidnapped 85 People in Zamfara

Bandits operating in Zamfara and Katsina States on April 7 abducted 85 women and children in Wanzamai community of Tsafe local government area in Zamfara State.

They have, also agreed to collect N20,000 from each of the victims amounting to N1.7 million.

The bandits also demanded that military operatives deployed to Wanzamai village should be relocated to another axis, vowing that they would continue to kidnap if the military personnel were not removed.

            NASARAWA: Gunmen Kidnap Ex- Deputy Governor 

A former Deputy Governor of Nasarawa State, Prof. Onje Gye-Wado was whisked away on Friday morning, April 7 when gunmen broke into his residence in Gwagi village in the Wamba Local Government Area (LGA) of the state.

Nasarawa State Police Public Relations Officer, Ramhan Nansel, who confirmed the abduction, said the former Deputy Governor was released on Sunday.

Former deputy governor of Nasarawa State Onje Gye-Wado has been released, following his abduction last Friday.

Nansel said the former deputy governor spent two days in captivity before his release on Sunday night, following sustained pressure from a search and rescue team.

                PLATEAU: Kidnappers Kill Ex-Customs Officer, Abduct Son 

Some gunmen suspected to be kidnappers on March 28, killed a retired Customs officer, Micah Gochin, in Plateau State.

It was learnt that after killing the man, the gunmen abducted his son and fled the scene.

The incident, it was further gathered, occurred on Sunday night, March 28, 2023 at the Bauchi Ring Road Community, opposite the University of Jos Senior Staff Quarters in the Jos North Local Government Area.

A resident of the community, Madaki Joseph, told our correspondent, “It was around 11pm on Sunday night that the gunmen came to the community. They went straight to the retired officer’s residence and shot him dead while trying to kidnap him. But they did not kill his son as they went away with him.

Also, several people were on Sunday night, April 16, 2023 killed, when armed men invaded a community in Mangu Local Government Area (LGA) of Plateau State.

A source from the community said that several persons were killed when the gunmen stormed the community at about midnight and opened fire on the people causing pandemonium.

He added that several other persons were injured as they scampered for safety.

Confirming the sad incident, the Director, Plateau State Peace Building Agency, Joseph Lengmang, expressed sadness, describing it as a disturbing trend of deteriorating security situation in some parts of the state.

In a press statement, he lamented that the current attack was coming on the heels of pockets of attacks recorded in some parts of Barkin Ladi and Jos North LGA in the last few days.Borno: 

Troops Kill ‘35 Terrorists’, Destroy Camps in Sambisa Forest

Troops of Operation Hadin Kai and 199 Special Forces battalion in collaboration with the Civilian Joint Task Force (CJTF) have reportedly killed 35 Boko Haram insurgents in Sambisa Forest.

The Sambisa Forest in Borno state has been the target of major security operations, as it is said to provide a major cover for terrorists.

Intelligence sources told Zagazola Makama, a counter-insurgency publication   focused on the Lake Chad region  as published by The Cable, an online medium that the troops made the unprecedented incursions into Boko Haram hideouts, in line with efforts to completely eliminate the insurgents operating along the fringes of the forest.

According to Zagazola Makama, the sources said the “clearance operation” began from Awulari on April 17 and progressed further into other identified insurgents’ camps around Garno and Alafa.

The sources added that the troops overwhelmed the insurgents with superior firepower and killed 18 of them.

However, a member of CJTF was said to have died during the gun duel.

The troops further “stormed and cleared Izzah and Farisu on April 19”, where they “ferociously engaged dozens of the resisting terrorists in a heavy gun battle”.

“The troops overpowered the terrorists after about 30 minutes of gun battle, killing 18 of them and recovered several motorcycles, AK 47 rifles and an anti-aircraft gun.”

Zagazola said the troops further moved to Farisu where they eliminated an additional eight terrorists.

The publication further said three terrorists were killed by the troops in Alafa including one commander simply identified as “Salafi”, while two motorcycles were recovered.

“On April 20, in Ukuba, the ground troops made contact with another set of the insurgents, killing seven, while others escaped with bullet wounds. The troops recovered one truck and two 122 artillery guns.

“The gallant troops moved further to clear Garin Glucose where they neutralised additional two terrorists while other terrorists hastily withdrew and avoided making contact with the approaching troops.”

The sources told the publication that the troops “successfully” cleared terrorists’ hideouts in Garno, Alafa, Alafa D, Garin Doctor, Njumia, Izzah, Farisu, Somalia, Ukuba, Garin Glucose, Garin Ba’aba, and Bula Abu Amir communities in Bama LGA in Borno state.

Some women that were held captive by the insurgents were said to have been rescued.

Business News

DBN Signs $61m Credit Deal With AfDB, Unveils Support Initiative Report

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By Tony Obiechina, Abuja

The Development Bank of Nigeria Plc (DBN) has launched DAWN: DBN Action for Women in Nigeria, unveiled its Impact Report and presented MSME Data Assets at the seventh edition of Annual Lecture held in Abuja.

DBN, in a statement on Thursday, said while delivering a welcome address, its Managing Director and Chief Executive Officer, Dr Tony Okpanachi, said the central challenge was no longer reforms themselves but ensuring benefits reach businesses at end of the chain.

He asked how to make sure benefits reach traders in Onitsha, fabricator in Aba, farmer in Kebbi and young founder in Yaba, noting that MSMEs accounted  for about half of Nigeria’s GDP and more than eight in every ten jobs, adding that when reform works for MSMEs it works for most Nigerians.

He explained that reform becomes prosperity only when entrepreneurs can act on it whether through long tenor loans to buy equipment, banks willing to take risk or skills and records needed to grow.

He said working through Participating Financial Institutions DBN provides longer term funding, partial credit guarantees through subsidiary Impact Credit Guarantee Limited and capacity building including Entrepreneurship Training Programme.

He disclosed that as at December 2025 DBN had disbursed a cumulative N1.4 trillion to MSMEs through 84 Participating Financial Institutions creating about 1.6 million jobs nationwide.

Under the new five year strategy, the Bank aims to reach more than two million MSMEs with deliberate targets for women led businesses, youth led businesses and underserved states.

On DAWN, Okpanachi said finance alone had not enabled enough women-led businesses to scale.

He said initiative brings together financing, guarantees and credit support, technical assistance, outcome linked grants and market linkages delivered through banks, microfinance institutions, fintechs, aggregators, cooperatives and direct channels.

Its priority sectors are agriculture and exports, healthcare, arts and creatives, technology and green business.

He said DAWN is about moving gender focused lending beyond intention and turning access into opportunity.

On the sidelines of the lecture DBN and African Development Bank held a signing ceremony of AfDB DBN 61 million United States dollars Gender Line of Credit development that reinforces Bank commitment to women led enterprises.

Okpanachi urged Participating Financial Institutions to extend lending into sectors and states where access to finance has been limited, policymakers and regulators to measure reform by what changes for business at end of chain and MSMEs to formalise, keep good records and use support now available.

The Vice President as Special Guest of Honour was represented by Dr Fred Iklaga Senior Technical Adviser in the Office of Special Adviser to the President on Economy.

Keynote speakers were Chief Executive Officer of MTN Nigeria, Dr Karl Toriola, and Chairman of Nigeria Sovereign Investment Authority, Dr Segun Ogunsanya.

Fireside chat featured Chief Executive Officer of Sterling Bank Abubakar Suleiman, manufacturing and trade entrepreneur Mrs Omoyemi Chukwurah and by video Kola Masha of Babban Gona.

The Secretary to the Government of Federation, represented by Augusta Warren Bekaredebo, said 2026 tax reforms would bring relief to many small businesses expressing optimism that a lot of businesses will be smiling by next year because they will be exempted from tax.

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NLC Threatens Nationwide Action as Talks With FG Collapse

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By Tambaya Julius, Abuja 

The Nigeria Labour Congress (NLC) has threatened possible nationwide industrial action following the failure of talks with the Federal Government over workers’ welfare, petrol prices and other outstanding labour demands.

The warning came after a meeting between the government and organised labour at the Ministry of Labour in Abuja on Thursday, October 22, ended without an agreement.

The congress has given the Federal Government until Tuesday, October 27, to make meaningful progress on the issues, warning that its relevant organs would decide the next line of action if the next meeting fails to produce concrete commitments.

The NLC has also directed its affiliates, state councils and civil society allies to begin mobilising members for possible nationwide action.

In a statement issued after the meeting, the NLC Acting General Secretary, Benson Upah, expressed disappointment over what he described as the government delegation’s lack of preparedness for the negotiations.

According to the congress, organised labour presented its demands in good faith but left the meeting without any concrete commitments from the government.

The demands include a reduction in petrol prices to 2024 levels, renegotiation of the national minimum wage, implementation of agreed tax relief measures and resolution of the terms of settlement involving the Joint Health Sector Unions (JOHESU).

The congress also called for the resolution of issues raised by the Joint Public Service Negotiating Council (JPSNC) over peculiar allowances, wage awards and hazard allowances.

The NLC said the government delegation lacked the necessary authority to engage meaningfully on the issues presented by labour representatives.

“The meeting between the Federal Government and organised labour, convened at the Ministry of Labour in Abuja on 22nd October 2026, has ended without resolution,” the statement said.

It added that the Minister of Labour requested that the meeting be adjourned until October 27 to allow the government to prepare adequately for further discussions.

The preparations, according to the statement, would include bringing relevant ministers and heads of departments and agencies to the negotiating table.

The congress said it remained open to dialogue but would not accept continued delays in addressing workers’ concerns.

“We will report back to our organs, and if no meaningful progress is made on Tuesday, the relevant organs of the NLC will decide the next line of action,” it said.

The labour body urged workers and members of the public to remain calm while the negotiations continue, even as it directed its affiliates and allies to prepare for possible industrial action.

“However, we urge all affiliates of NLC and TUC; all state councils and our civil society allies to be alert and start mobilising for a possible action across the nation while we hope that the tenets of our demands are met by the government,” the statement added.

The October 27 meeting is expected to provide another opportunity for both sides to address the outstanding issues and prevent a possible escalation of the dispute.

However, the NLC’s decision to begin mobilisation suggests that tensions could rise if the next round of talks fails to produce meaningful progress.

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Election Campaigns: FRSC Bars Officers from Politicians’ Escort

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The Federal Road Safety Corps (FRSC) has barred its personnel from escorting politicians during campaigns for the 2027 general elections.

Zonal Commanding Officer, RS6, ACM Abimbola Owolabi, gave the directive during her maiden visit to the Cross River Command in Calabar on Wednesday.

Owolabi said patrol vehicles and sirens must not be used for political activities or private engagements, including weddings and funeral processions.

She directed officers deployed to campaign venues to focus exclusively on traffic management to prevent congestion and road crashes.

The zonal head warned personnel against leading political convoys or providing escorts for politicians, stressing that official vehicles must not be used for unauthorised purposes.

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